What kind of demand is seen when a large change in price produces only a small change in demand?

Which of the following terms describes a company wide effort to continuously improve the way people, machines, and systems accomplish work?

A. Business reengineering B. Total quality management C. High-performance work system D. Optimal performance system E. Performance management

In order to develop a performance plan, a business first translates the objectives of the market share strategy into a ________

A) communications strategy plan B) break-even plan C) revenue plan D) situational analysis plan E) SWOT analysis plan